SYDNEY, Aug 18 (Reuters) - Google agreed on Monday to pay a A$55 million ($35.8 million) fine in Australia after the consumer watchdog found it had hurt competition by paying the country's two largest telcos to pre-install its search application on Android phones, excluding rival search engines. The fine extends a bumpy period for the Alphabet-owned internet giant in Australia,...

Marriott International Inc ( MAR ) shares are trading higher on Tuesday after the first-quarter FY25 earnings. The company reported first-quarter 2025 sales growth of 4.7% year-on-year to $6.26 billion. It beat the analyst consensus estimate of $6.17 billion. Comparable systemwide constant dollar RevPAR increased (compared to the first quarter of FY24): 4.1% worldwide 3.3% in the U.S. and Canada,...

11:52 AM EDT, 05/06/2025 (MT Newswires) -- Truist Securities has cut its price target on Shopify ( SHOP ) to US$100, from US$120 on modestly lower revenue estimates and reduced valuation expectations, asthe company reports its first-quarter results on Thursday. While expecting relative strength and upside potential to consensus in the first quarter, Truist assumes that uncertain global macro/tariffs could...

11:53 AM EDT, 05/06/2025 (MT Newswires) -- Spectrum Brands Holdings' ( SPB ) fiscal Q2 results could reflect soft demand and increased competition in its product categories, potentially leading to a guide down in fiscal 2025 sales, RBC Capital Markets said in a Tuesday note. RBC said scanner data showed a sequential slowdown is sales growth due to weaker volumes...